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Snapchat stock loses $800M after Rihanna responds to offensive ad

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Full Story: Rihanna is the latest celebrity to send Snap’s stock sliding. The singer tore into the app on Thursday for allowing an offensive ad to appear on its platform. Her remark sent Snap (SNAP)’s stock down nearly 4%, erasing nearly $800 million from its market value. Snap’s stock closed down 1% on Friday.

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